Richard Sabala Foundation Inc

Analysis

Richard Sabala Foundation Inc is a registered charity in United States, based in McCall, ID. It received its IRS tax-exemption ruling in September 1993, 33 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Richard Sabala Foundation Inc reported income of $967k and spending of $1.1m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $909k to $967k (+6.4%), an average of +1.6% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Richard Sabala Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within ID. Charities of a similar size with the same main cause include Education Foundation of Martin County Inc ($967k), Good Samaritan Hospital Foundation Inc ($968k) and Jazz Foundation of America Inc ($966k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.3% and program service revenue 60% of the total. Other salaries and wages came to $271k. At year end it held assets of $5.8m against liabilities of $18k, net assets of $5.8m. It reported 19 employees.